Medinah Minerals (MDMN)

[jackrix]

The volume in MDMN has been heavy, but the volume in CDCH has been pretty lackluster.


Considering that they are essentially the same play, I don't know what ANY of it means...LOL


Back in the day, you used to be able to play Medinah by looking at "accumulation bottoms" and "blowoff tops". I can't make heads or tales of it anymore.


I DO know that with the price of metals where they are it's NOT difficult to get a JV partner to pay for your drilling if you have a property with any potential. So either these properties aren't considered worth it, or Les is screwing the shareholders by insisting on CASH up front....sharholders be damned.